North Georgia Electric

About North Georgia Electric

North Georgia Electric supplies electricity for 14 cities in the state. The company is an electric cooperative. On average, North Georgia Electric's consumers pay a residential electricity rate of 11.85 cents per kilowatt hour, which is 14.07% lower than the state's average price of 13.80 cents. This ranks the company 26th best for average electricity price out of 96 suppliers in Georgia. The provider had total sales and disposition of 2,519,489 megawatt hours in 2022, of which 2,394,022 megawatt hours were via retail sales. Of the megawatt hours they sourced, 2,519,489 megawatt hours were acquired on wholesale channels. Their total revenue in 2022 from electricity related activities was $277,769,300, with $269,376,000 from retail sales to end users.

The average residential electricity bill for a consumer of North Georgia Electric is $157.02 per month, while the state average is $143.33. Consumers of the supplier have a 10.12% markup compared to the rest of the state. The supplier's consumers deal with an average of 1.59 power outages per consumer per year. These outages go on for an average of 146.54 minutes, while the nationwide average is 1.45 outages per customer and 171.11 minutes an outage. Electricity generation is not part of the North Georgia Electric business plan, as they purchase electricity at wholesale rates and then resell to their consumers.